Can I retire at age 45 with 474,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $474,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$39,142$38,794$38,454$38,122$37,797$37,387
2 years$19,377$19,017$18,667$18,328$17,999$17,586
3 years$12,790$12,428$12,079$11,743$11,419$11,016
4 years$9,497$9,136$8,790$8,460$8,144$7,754
5 years$7,522$7,162$6,822$6,498$6,191$5,815
6 years$6,205$5,849$5,513$5,197$4,899$4,538
7 years$5,265$4,912$4,581$4,272$3,984$3,638
8 years$4,560$4,210$3,885$3,584$3,305$2,974
9 years$4,013$3,666$3,346$3,053$2,783$2,467
10 years$3,575$3,231$2,917$2,632$2,372$2,069
11 years$3,217$2,877$2,568$2,290$2,040$1,752
12 years$2,918$2,582$2,279$2,009$1,768$1,494
13 years$2,666$2,333$2,037$1,773$1,541$1,281
14 years$2,450$2,121$1,830$1,574$1,351$1,104
15 years$2,263$1,937$1,652$1,404$1,190$955
16 years$2,100$1,778$1,498$1,257$1,051$830
17 years$1,956$1,637$1,363$1,130$932$723
18 years$1,828$1,513$1,244$1,018$829$631
19 years$1,714$1,402$1,139$920$739$552
20 years$1,611$1,303$1,045$833$660$484
21 years$1,518$1,213$962$756$591$425
22 years$1,434$1,133$886$687$529$374
23 years$1,357$1,059$818$626$475$329
24 years$1,287$993$757$571$427$290
25 years$1,222$932$701$521$384$256
26 years$1,163$875$650$477$346$226
27 years$1,107$824$604$436$312$199
28 years$1,056$776$561$400$282$176
29 years$1,009$732$522$367$254$156
30 years$965$692$486$337$230$138
31 years$924$654$453$309$208$122
32 years$885$619$423$284$188$108
33 years$849$586$395$261$170$96
34 years$815$555$369$240$154$85
35 years$783$527$345$221$139$75
36 years$753$500$323$204$126$67
37 years$724$475$302$188$115$59
38 years$698$451$283$173$104$52
39 years$672$429$265$160$94$46
40 years$648$408$248$147$85$41
41 years$625$389$233$136$77$37
42 years$603$370$219$125$70$32
43 years$583$353$205$116$64$29
44 years$563$336$193$107$58$26
45 years$544$321$181$99$53$23
46 years$527$306$170$91$48$20
47 years$510$292$159$84$43$18
48 years$493$279$150$78$39$16
49 years$478$266$141$72$36$14
50 years$463$254$132$66$32$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $474,000, adding $3,675 every year, while hoping to spend $28,345 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 78/8/14 Blend
44$474,000$474,000$474,000$474,000
45$526,139$501,017$493,670$565,388
46$549,646$495,408$480,049$586,146
47$574,601$488,574$465,022$604,932
48$601,122$480,425$448,511$624,742
49$629,336$470,866$430,437$645,666
50$659,387$459,797$410,714$667,805
51$691,426$447,109$389,255$691,270
52$725,625$432,690$365,968$716,184
53$762,167$416,421$340,757$742,682
54$801,256$398,174$313,520$770,914
55$843,115$377,815$284,154$801,044
56$887,988$355,203$252,548$833,255
57$936,142$330,187$218,588$867,747
58$987,872$302,609$182,154$904,744
59$1,043,499$272,302$143,121$944,490
60$1,103,379$239,088$101,358$987,256
61$1,167,901$202,780$56,730$1,033,341
62$1,237,490$163,180$9,095$1,083,075
63$1,312,618$120,079$0$1,136,823
64$1,393,799$73,257$0$1,201,222
65$1,481,600$22,480$0$1,272,338
66$1,576,644$0$0$1,349,323
67$1,679,616$0$0$1,435,607
68$1,791,270$0$0$1,531,324
69$1,912,432$0$0$1,635,207
70$2,044,014$0$0$1,748,037
71$2,187,018$0$0$1,870,677
72$2,342,546$0$0$2,004,072
73$2,511,809$0$0$2,149,266
74$2,696,143$0$0$2,307,403
75$2,897,015$0$0$2,479,746
76$3,116,040$0$0$2,667,684
77$3,354,997$0$0$2,872,744
78$3,615,843$0$0$3,096,607
79$3,900,733$0$0$3,341,127
80$4,212,037$0$0$3,608,341
81$4,552,368$0$0$3,900,492
82$4,924,599$0$0$4,220,052
83$5,331,896$0$0$4,569,741
84$5,777,745$0$0$4,952,555
85$6,265,984$0$0$5,371,792
86$6,800,838$0$0$5,831,084
87$7,386,963$0$0$6,334,432
88$8,029,484$0$0$6,886,242
89$8,734,048$0$0$7,491,366
90$9,506,872$0$0$8,155,149
91$10,354,806$0$0$8,883,476
92$11,285,394$0$0$9,682,833
93$12,306,944$0$0$10,560,362
94$13,428,612$0$0$11,523,929
95$14,660,480$0$0$12,582,203
96$16,013,657$0$0$13,744,729
97$17,500,378$0$0$15,022,027
98$19,134,125$0$0$16,425,681
99$20,929,749$0$0$17,968,458
100$22,903,610$0$0$19,664,420